A RE-EXAMINATION OF THE OPTIMAL OVERBOOKING POLICIES FOR US MAJOR AIRLINES

Presented is a paper that investigates optimal overbooking policies for US major airlines. The paper had several shortcomings and the conclusion was somewhat misleading. The paper was revised. The revised paper provides different conclusions. The revised results imply that, although there is a significant negative overbooking effect (the more the number of passengers bumped in the current period, the lower the passenger revenue of an airline in the future periods), no airline should decrease overbooking levels, because the positive side of overbooking is so strong that it more than offsets its negative side.

• Supplemental Notes:
  • Abstract only provided for this paper. Conference proceedings available on CD-ROM.
• Corporate Authors:

  Transportation Research Forum

  One Farragut Square South, Suite 500
  Washington, DC  United States  20006-4003
• Authors:
  • Suzuki, Y
• Conference:
  • Transportation 2001. A Time & Space Odyssey. 43rd Annual Forum Proceedings
  • Location: Williamsburg, Virginia
  • Date: 2001-10-22 to 2001-10-24
• Publication Date: 2001

Language

• English

Media Info

• Pagination: 1p

Subject/Index Terms

• TRT Terms: Airlines; Benefits; Economic factors; Overbooking
• Subject Areas: Aviation; Economics;

Filing Info

• Accession Number: 00977433
• Record Type: Publication
• Files: TRIS
• Created Date: Aug 8 2004 12:00AM